E-Sourcing is the process of obtaining bids from different suppliers via a single online portal. The benefits of eSourcing include streamlining the sourcing process, reducing prices by maximizing supplier competition, and creating a repository for sourcing information. E-Sourcing refers to internet-enabled applications and decision support tools that facilitate interactions between buyers and suppliers through the use of online negotiations, online auctions, reverse auctions and similar tools. E-Sourcing is especially associated with online auctions, which enable prices reductions by introducing the element of competition. They are visible, clearly structured and make the procurement process transparent.

ProRFx is industry leading business commerce solution developed by WorldERP, LLC. ProRFx was designed for clients who demand the very best in eSourcing solutions bar none. ProRFx is an Online Bidding solution that can easily be configured to do more than just award bids. From order creation to kick off contract life-cycle management, ProRFx can help you transition to the post-award processes seamlessly. ProRFx e-Sourcing can serve as the execution and delivery solution for any organization. Their easy to use, easy to customize model enables clients to transition away from day-to-day execution and focus on stakeholder engagement, strategy, and selling the value of procurement.

Responding to solicitations, like RFPs, can be painful, time consuming, and very expensive. According to the Society for Marketing Professional Services and others, the average cost to respond to a single solicitation can range from $3,000.00 - $10,000.00 and yet there is only a chance of winning. As a result, many companies are very selective or do not participate at all. ProRFx® changes all of that. Submitting a bid is fast, easy, and inexpensive taking just minutes to respond, not days. You don’t have to print, divide into sections, bind, and make copies, mail or Fed-Ex, saving you valuable time and money. Furthermore, you can retract your bid at any time before the solicitation closes, providing piece of mind knowing that the bid you submit is the best it can be.